£117,388
This estimated value is based upon the latest sale price for the house of £70,000 on 13 Nov 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £70,000 | 13 Nov 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in November 2006 the House Price Index for TYNE AND WEAR was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £70,000 results in an estimated price of approximately £117,388.
| 13 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £70,000 | £47,388 | £117,388 |
The Postcode Pricing Model uses changes in average sales price within the NE15 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -20.117 % | £-14,081 | £55,918 |
| 3 Month Average | 16.264 % | £11,385 | £81,385 |
| 6 Month Average | 22.379 % | £15,665 | £85,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £66,158 | £65,000 | 12 BENWELL GRANGE BENWELL CLOSE |
| 15 Sep 2023 | £111,425 | £110,000 | 24 HODGKIN PARK ROAD |
| 13 Sep 2023 | £137,761 | £136,000 | 4 PENDOWER WAY |
| 18 Aug 2023 | £136,696 | £135,500 | 30 PENDOWER WAY |
| 1 Aug 2023 | £80,706 | £80,000 | 34 RUSHIE AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 18 May 2014. Using an estimated price of £117,389 means this house is valued at £1,048 per sq meter (£97 per sq foot).
The average size of a house on PENDOWER WAY is 98 sq meters (1,062 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Benwell Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Benwell Lane |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Benwell Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Benwell Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Benwell Lane |